Here we see the perspective of a downed guardian.
Notice the timer in the lower left corner.
It seems you will automatically revive after about 45 seconds if no one else does it sooner.
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Seems that way. I'm not sure how I feel about this feature yet, I need to see it more. On one hand, you're in a fireteam, your teammates should revive you. I can see a scenario where a less skilled player got matched with skilled players who see the less skilled player as a liability and not take the risk to revive them because "meh, he'll be back up in 45s". On the other hand, say you're in a boss battle where it becomes very difficult to revive someone if they died in a bad spot, such as in the open. It may be impossible to safely get to them in under 45s. This feature would allow a person who died in the first 10 seconds to still contribute later on instead of remaining dead for the entire duration of the battle.